Europand: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Europand
Largest movements
- Stocks and contracts +€17,612
up €17,612 (+1.7%), from €1.0m to €1.0m
- Cash -€13,798
down €13,798 (-98.7%), from €13,984 to €186
mainly Net result for the year (-€38,354) and Stocks and contracts (-€17,612)
- Profit (loss) carried forward -€38,354
down €38,354 (-45.9%), from -€83,499 to -€121,853
- Accrued charges and deferred income +€30,758
up €30,758 (+25.7%), from €119,862 to €150,620
- Trade debts +€20,352
up €20,352 (+559%), from €3,641 to €23,993
- Financial charges -€4,783
down €4,783 (-12.5%), from €38,344 to €33,561
- Gross operating margin -€3,046
down €3,046 (-491%), from -€620 to -€3,667
- Other operating charges -€747
down €747 (-39.9%), from €1,873 to €1,126
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,034,415 | €1,038,229 | +€3,814 | +0.4% |
| Fixed assets | 21/28 | €2,988 | €2,988 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,988 | €2,988 | = | 0.0% |
| Furniture and vehicles | 24 | €2,988 | €2,988 | = | 0.0% |
| Current assets | 29/58 | €1,031,427 | €1,035,241 | +€3,814 | +0.4% |
| Stocks and contracts in progress | 3 | €1,013,676 | €1,031,288 | +€17,612 | +1.7% |
| Stocks | 30/36 | €1,013,676 | €1,031,288 | +€17,612 | +1.7% |
| Amounts receivable within one year | 40/41 | €3,767 | €3,767 | = | 0.0% |
| Trade receivables | 40 | €500 | €500 | = | 0.0% |
| Other amounts receivable | 41 | €3,267 | €3,267 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,984 | €186 | -€13,798 | -98.7% |
| Total equity and liabilities | 10/49 | €1,034,415 | €1,038,229 | +€3,814 | +0.4% |
| Equity | 10/15 | €517,535 | €479,181 | -€38,354 | -7.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €576,244 | €576,244 | = | 0.0% |
| Distributable reserves | 133 | €576,244 | €576,244 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,499 | -€121,853 | -€38,354 | -45.9% |
| Amounts payable | 17/49 | €516,880 | €559,048 | +€42,168 | +8.2% |
| Amounts payable within one year | 42/48 | €397,018 | €408,428 | +€11,410 | +2.9% |
| Trade debts | 44 | €3,641 | €23,993 | +€20,352 | +559% |
| Suppliers | 440/4 | €3,641 | €23,993 | +€20,352 | +559% |
| Other amounts payable | 47/48 | €393,376 | €384,435 | -€8,942 | -2.3% |
| Accrued charges and deferred income | 492/3 | €119,862 | €150,620 | +€30,758 | +25.7% |
| Other operating charges | 640/8 | €1,873 | €1,126 | -€747 | -39.9% |
| Gross operating margin | 9900 | -€620 | -€3,667 | -€3,046 | -491% |
| Operating profit (loss) | 9901 | -€2,493 | -€4,793 | -€2,300 | -92.2% |
| Financial charges | 65/66B | €38,344 | €33,561 | -€4,783 | -12.5% |
| Recurring financial charges | 65 | €38,344 | €33,561 | -€4,783 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€40,837 | -€38,354 | +€2,483 | +6.1% |
| Profit (loss) for the period | 9904 | -€40,837 | -€38,354 | +€2,483 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,837 | -€38,354 | +€2,483 | +6.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.